Google's parent company “Alphabet” lost more than $236 billion in market value during post-trading trading hours on Tuesday.
Alphabet shares fell to $187.12 in extended trading, having closed at $206.38.
Shares are up 9% so far this year.
This comes after Alphabet announced fourth-quarter earnings, which did not meet analysts' expectations after slowing growth in its cloud business, raising investor concerns about the billions the company spends on artificial intelligence.
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